In a major boost to the Indian Electronics System Design and Manufacturing (ESDM) market, Electropreneur Park (EP) has announced the exit of Univlabs, a leading Indian health-tech startup. With its remarkable growth journey, Univlabs has established its presence in 6 countries, offering innovative solutions to 2000+ hospitals in India and overseas. So far, the startup has applied for 11 patents while having 2 to its name. An initiative of the Ministry of Electronics and IT, Electropreneur Park has been set up to primarily carry out incubation and build an ecosystem to help budding ESDM entrepreneurs. EP is managed by Software Technology Parks of India; implemented by India Electronics and Semiconductor Association (IESA); and supported by CyberMedia (India) Ltd (CMIL). Since its inception, Electropreneur Park has incubated 59 companies, developed 125 products, and applied for 66 patents, along with generating employment opportunities to 885 professionals. EP companies have received 21.79 crores of follow-on funding. UnivLabs began its growth journey with Electropreneur Park with a mission to revolutionize healthcare by providing affordable and cutting-edge medical devices that improve patient outcomes. The startup received a valuation of ₹20 crore and initiated an investor buyback of ₹94.64 lakhs, marking a 36X growth for EP’s investment thereby marking a milestone in EP’s history. With this, Univlabs’ successful departure leaves an impressive footprint of Electropreneur Park’s role in fostering innovation and entrepreneurship. The exit was formally announced with a cheque handover ceremony during the inauguration of the Apiary CoE incubation facility which is the second CoE of STPI in the NCR region after Electropreneur Park. The Idea Challenge Program of Apiary CoE was also launched during the event which was presided over by Shri S. Krishnan, IAS, Secretary, Ministry of Electronics and IT. On the successful and profitable exit of UnivLabs, Shri Arvind Kumar, Director General, STPI expressed how Electropreneur Park has been successful in fostering innovation and entrepreneurship. “In the last few years since it was set up, Electropreneur Park has incubated around 59 companies. Aligning with India’s commitment and vision to reach US$ 300 billion worth of electronics manufacturing and exports of US$ 120 billion by 2025-26, this development is a promising development. Looking forward to witnessing more such startups leading the way of nurturing India’s ESDM market.”
Reflecting upon how an initiative like Electropreneur Park has given a push to India’s Make in India strategy, Sanjay Gupta, Chairman, IESA, said it was the first incubator of its kind, set up to create a state-of-the-art electronics lab in the country. He said,
 “India is home to considerable talent for electronic design. The growth Univlabs has shown under the incubation of Electropreneur Park is a commendable endeavour. Univlabs have not only charted their growth journey in the country but have also successfully provided solutions to hospitals overseas. It is indeed a major milestone for the ESDM sector.”
On the successful first exit of UnivLabs, Pradeep Gupta, Chairman and managing Director, of CyberMedia Group, chief mentor EP, said,
 “Electronics manufacturing in India is the new sunrise industry and we need to ensure that we continue our efforts to make the Make in India campaign a success through the promotion of indigenous innovation and entrepreneurship in the ESDM sector.”
Delving into Univlabs’ journey with Electropreneur Park, Sunil Singh, Founder & CEO, Univlabs, remarked,
“We are a passionate enterprise committed to making healthcare more accessible and affordable for everyone. In this process, we need access to world-class facilities to develop cutting-edge medical equipment that is available to everyone. Electropreneur Park gave us the perfect platform and support for our efforts in fostering innovation and entrepreneurship. Our vision is to become a world No. 1 company in the field of EndoVision in the next 10 years.”
This unprecedented success for Univlabs is a beacon of hope for the future of electronic innovation in India. Emphasizing the immense potential within the Indian ESDM sector, the growth journey for Univlabs, fostered by Electropreneur Park is a significant contribution to the Indian government’s “Make in India” vision. By fostering indigenous innovation and entrepreneurship, they pave the way for a brighter, more self-reliant, and technologically advanced future for the nation. Share This Article

Electropreneur Park Celebrates First Successful Exit: UnivLabs Technologies

IndianWeb2 Desk
In a major boost to the Indian Electronics System Design and Manufacturing (ESDM) market, Electropreneur Park (EP) announced the exit of Univlabs, a leading Indian health-tech startup. With its remarkable growth journey, Univlabs Technologies has established its presence in 6 countries, offering innovative solutions to 2000+ hospitals in India and overseas. So far, the startup has applied for 11 patents while having 2 to its name. An initiative of the Ministry of Electronics and IT, Electropreneur Park has been set up to primarily to carry out incubation and build an ecosystem to help budding ESDM entrepreneurs. EP is managed by Software Technology Parks of India, implemented by India Electronics and Semiconductor Association (IESA) and supported by CyberMedia (India) Ltd (CMIL). Since its inception, Electropreneur Park has incubated 59 companies which have developed 125 products, and applied for 66 patents, along with generating employment opportunities to 885 professionals. The startups of EP have received Rs 21.79 crore of follow-on funding. UnivLabs Technologies  began its growth journey with Electropreneur Park with a mission to revolutionize healthcare by providing affordable and cutting-edge medical devices that improve patient outcomes. The startup received a valuation of ₹20 crore and initiated an investor buyback from stake holders of EP incubator worth Rs ₹94.64 lakhs, marking a 36X growth for EP’s investment thereby marking a milestone in EP’s history. With this, Univlabs' successful exit leaves an impressive footprint of Electropreneur Park’s role in fostering innovation and entrepreneurship over the past seven years of its operations. The exit was formally announced with a cheque handover ceremony during the inauguration of the Apiary CoE incubation facility. The launch of Apiary CoE incubation facility has marked the beginning of yet another chapter of supporting budding entrepreneurs and startups by STPI. The launch event was graced by the presence Shri S. Krishnan, IAS, Secretary, Ministry of Electronics and IT and other dignitaries from the IT industry. “It’s quite inspiring to meet and learn the journey of Sunil Singh, founder of Univlabs Technologies. The level of confidence, vision and ability to persevere over the last eight years have been crucial for his success. He should stand as an example of somebody who everyone can imitate,” said Shri S. Krishnan, IAS, Secretary, Ministry of Electronics and IT. On the successful and profitable exit of UnivLabs, Shri Arvind Kumar, Director General, STPI expressed how Electropreneur Park has been successful in fostering innovation and entrepreneurship and said, “In the last few years since it was set up, Electropreneur Park has incubated ESDM startups aligning with India’s commitment and vision to reach US$ 300 billion worth of electronics manufacturing and exports of US$ 120 billion by 2025-26, this progress is a promising development. Looking forward to witnessing more such startups leading the way of nurturing India’s ESDM market.”
Reflecting upon how an initiative like Electropreneur Park has given a push to India’s Make in India strategy, Shri. Sanjay Gupta, Chairman, IESA emphasized the role played by IESA in nurturing the ESDM startups and wished EP was the first incubator of its kind to set up and create a state-of-the-art electronics lab and other support infrastructure in the country. On the successful first exit of UnivLabs, Shri. Pradeep Gupta, CMD, CyberMedia Group and Chief mentor of EP, said, “Electronics manufacturing in India is the new sunrise industry and we need to ensure that we continue our efforts to make the Make in India campaign a success through the promotion of indigenous innovation and entrepreneurship in the ESDM sector.”
Delving into Univlabs’ journey with Electropreneur Park, Sunil Singh, Founder & CEO, Univlabs Technologies said, “We are a passionate enterprise committed to making healthcare more accessible and affordable for everyone. Electropreneur Park gave us the perfect platform in the form of world class infrastructure facilities equipped with cutting edge ESDM Labs and other support which helped channeling our efforts in fostering innovation and entrepreneurship. Our vision is to become a world No 1 company in the field of EndoVision in the next 10 years.”
This unprecedented success for Univlabs is a beacon of hope for the future of electronic innovation in India. Emphasizing the immense potential within the Indian ESDM sector, the growth journey for Univlabs Technologies, fostered by Electropreneur Park is a significant contribution to the Indian government’s "Make in India" vision. Advertisements

MEITY’s Electropreneur Park Announces 1st Successful Financial Exit for Its Incubated Health-Tech Startup UnivLabs Technologies

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Unilateral Biportal Endoscopy Market2
PORTLAND, OR, UNITED STATES, June 23, 2023/ EINPresswire.com / -- Unilateral Biportal Endoscopy Market - Global Outlook and Forecast 2023-2030 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2030). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global Unilateral Biportal Endoscopy Market. Some of the key players profiled in the study are CONMED, Endovision, Jiangsu Bonss Medical Technology, Joimax, Karl Storz, Maxmorespine, Maxer Endoscopy, Richard Wolf, Smith & Nephew, Stryker. Click To get FREE SAMPLE PDF (Including Full TOC, Table & Figures): https://www.alliedmarketresearch.com/request-sample/17355
Unilateral Biportal Endoscopy Market Statistics: The global Unilateral Biportal Endoscopy market size was $295.31 million in 2021, and is estimated to reach $548.43 million by 2031, growing at a CAGR of 6.4% from 2022 to 2031. Unilateral Biportal Endoscopy Market Growth Drivers:
1. Advantages over open surgery: Unilateral biportal endoscopy offers smaller incisions, reduced tissue trauma, less post-operative pain, faster recovery, and shorter hospital stays compared to traditional open surgery, driving its adoption and market growth. 2. Increasing prevalence of chronic diseases: The higher prevalence of chronic diseases like orthopedic conditions, spinal disorders, and joint diseases has increased the demand for minimally invasive techniques like unilateral biportal endoscopy. It enables accurate diagnosis, treatment, and management of these conditions, contributing to market growth. 3. Technological advancements: Advances in endoscopic technology, such as high-definition imaging, improved instrumentation, and enhanced visualization systems, have enhanced the safety and effectiveness of unilateral biportal endoscopy. These advancements attract healthcare providers and drive market growth. 4. Growing demand for minimally invasive procedures: The preference for minimally invasive procedures is on the rise among patients and healthcare providers due to benefits like reduced scarring, minimal blood loss, and faster recovery. Unilateral biportal endoscopy meets this demand and promotes market growth. 5. Aging population and increased healthcare expenditure: The global aging population is more prone to age-related conditions that often require surgical interventions. Moreover, increased healthcare expenditure and improved access to advanced medical technologies support the adoption of unilateral biportal endoscopy, leading to market growth. Marketing Communication and Sales Channel
Understanding “marketing effectiveness” on a continual basis, help determine the potential of advertising and marketing communications and allow to use of best practices to utilize untapped audience. In order to make marketers make effective strategies and identify why the target market is not giving attention, we ensure the Study is Segmented with appropriate marketing & sales channels to identify potential market size by value & Volume* (if Applicable). Have Any Query? Ask Our Expert @: https://www.alliedmarketresearch.com/purchase-enquiry/17355
The segments and sub-section of Unilateral Biportal Endoscopy market is shown below:
By Product Type: Endoscope, Accessory Devices
By Indication: Herniated Discs, Spinal Stenosis, Others
By End User: Hospitals, Ambulatory Surgical Centers
Some of the key players involved in the Market are: CONMED, Endovision, Jiangsu Bonss Medical Technology, Joimax, Karl Storz, Maxmorespine, Maxer Endoscopy, Richard Wolf, Smith & Nephew, Stryker. Important years considered in the Unilateral Biportal Endoscopy study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2030 [** unless otherwise stated]
If opting for the Global version of Unilateral Biportal Endoscopy Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.) – Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Key Questions Answered with this Study:
1) What makes Unilateral Biportal Endoscopy Market feasible for long term investment? 2) How influencing factors driving the demand of Unilateral Biportal Endoscopy in next few years? 3) Territory that may see steep rise in CAGR & Y-O-Y growth? 4) What geographic region would have better demand for product/services? 5) What opportunity emerging territory would offer to established and new entrants in Unilateral Biportal Endoscopy market? 6) What strategies of big players help them acquire share in mature market? 7) Know value chain areas where players can create value? 8) What is the impact analysis of various factors in the Global Unilateral Biportal Endoscopy market growth? 9) Risk side analysis connected with service providers? Introduction about Unilateral Biportal Endoscopy Market
Unilateral Biportal Endoscopy Market Size (Sales) Market Share by Type (Product Category)
Unilateral Biportal Endoscopy Market by Application/End Users
Unilateral Biportal Endoscopy Sales (Volume) and Market Share Comparison by Applications
Global Unilateral Biportal Endoscopy Sales and Growth Rate (2020-2030)
Unilateral Biportal Endoscopy Competition by Players/Suppliers, Region, Type, and Application
Unilateral Biportal Endoscopy (Volume, Value, and Sales Price) table defined for each geographic region defined. Unilateral Biportal Endoscopy Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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Thanks for reading this article; you can also get an individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia. About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Allied Market Research

Unilateral Biportal Endoscopy Market: Revolutionizing Surgical Precision and Recovery

Global Urology Surgical Instruments Market to Reach $25.1 Billion by 2030

PCCW Solutions

Recruit

Sabre

Sabre Insurance Group

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Digital Health

Incubator/Accelerator

Endovision develops artificial intelligence (AI)-driven diagnostic software for endoscopy quality control. It improves the diagnostic accuracy of endoscopists and enables deep learning and computational modeling. It was founded in 2018 and is based in Hong Kong, Hong Kong.

Name	Work History	Title	Status
Saurabh Jejurikar	PCCW Solutions, Recruit, Sabre, and Sabre Insurance Group	Founder, Chief Executive Officer	Current
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Name	Saurabh Jejurikar	Subscribe to see more
Work History	PCCW Solutions, Recruit, Sabre, and Sabre Insurance Group	Subscribe to see more
Title	Founder, Chief Executive Officer	Subscribe to see more
Status	Current	Subscribe to see more

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